Senior Analyst – Commerical

Salary: £30,000 – £32,400 per year

Senior Analyst – Commercial | Permanent | Edinburgh

Due to continued growth even during these challenging times, my client has an opportunity for a Senior Risk Reward Analyst to join this household Financial Services firm here in Edinburgh

What does a Senior Risk Reward Analyst do I hear you ask….well in this role you will be responsible in supporting the development of credit card initiatives involving risk reward trade offs by working closely with partners in key business areas (Commercial, Credit Risk, Business Analysis & Finance).

Essentially this is a great opportunity for a talented Analyst/Senior Analyst who is used to dealing with and analysing data to identify either trends, risks or opportunities etc

Key Responsibilities

* Supporting risk reward initiatives on cards core acquisition, developing solutions, looking for opportunities and calculating the impacts and risk reward trade-offs in areas including cut-off setting, policy rule setting, risk based pricing, credit limit assignment, conversion rates and promotional pricing.

* Providing regular and ad-hoc analysis to inform on strategy performance

* Understanding the approaches used to manage areas including account opening, credit limit assignment, authorisations, collections, Net Present Value (NPV) modelling, risk based pricing, financial forecasting and provisioning.

* Regularly reviewing actual performance vs expectations by offer/cohort/strategy/score and identifying areas of opportunity and concern.

* Regularly reviewing tracking performance of tests/challenger strategies and identify areas of opportunity and concern.

* Regularly reviewing industry benchmarking for credit cards

* Maintaining a strong knowledge of credit card data resources both internally and available via benchmarking.

* Ensure that operational & regulatory risk aspects of development actions are well understood, quantified and approved

* Ensure all change proposals have considered bad debt, income and profitability trade-offs.

Experience / Skills desired

* Data and statistical analysis

* Numerical degree (Maths/Statistics etc)

* Enquiring mind-set

* Strong verbal and written communication skills

* Objectivity

* Strong SAS and Excel skills

Any experience of the below would be an added bonus

* Credit card product knowledge

* Knowledge of credit card data sources

* Knowledge of credit bureau data and its use

* Credit risk strategies and approaches to modelling

* Finance approaches to managing and forecasting P&L

* NPV modelling

This is an excellent opportunity to grow in an environment that puts a premium on personal progression. As long as you bring the attitude for achievement, this firm will provide a future shaped by success.

To apply and find out more, please contact Scott Maxwell for a confidential chat